The company said it will close about 300 stores a year for the next three years, but didn’t say which stores.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Skiing, child care, ‘biochar’ and kelp: Brunswick-based CEI releases annual impact report
The mission-driven financial institution assisted 95 mostly Maine-based business clients with $35.8 million in financing during the 12 months ending Sept. 30.
U.S. jobless claims drop seventh straight week to another pandemic low
Overall, 2.1 million Americans were collecting traditional unemployment checks the week that ended Nov. 6.
Get your skis on: Sunday River opens for season Thursday
The resort announced Wednesday that if the cold holds, it will open a limited number of trails to season passholders and multi-day ticket holders at 9 a.m. Thursday.
Companies bid $192 million in 1st Gulf of Mexico oil sale under Biden
Biden campaigned on pledges to end drilling on federally owned lands and waters but attorneys general from several states successfully sued to lift the suspension of leases.
Costly electricity supply will add $30 to average home’s monthly CMP bill in 2022
Customers face a jolt in electricity supply costs, raising questions of whether Maine’s policy of updating supply rates annually exposes them to greater volatility.
Market Basket grocery store may be coming to Topsham
The store would be the third Market Basket in Maine, following locations in Biddeford and Westbrook.
Federal appeals court reinstates lobstering closure in Gulf of Maine
A federal judge’s ruling in a lawsuit brought by the Maine Lobstering Union and other industry businesses had temporarily halted the closure.
The Wrap: New restaurants in Portland, and Sam Hayward talks shellfish
Aroma Joe’s opens in the Forest Avenue Hannaford, holiday beer and cheese pairings, and happy Beaujolais Day.
Bath Iron Works starts building latest Arleigh Burke destroyer for Navy
The cutting of steel at the shipyard’s Brunswick fabrication facility Tuesday marked the start of construction on the USS Quentin Walsh.